Checkmarx

Company Overview

Snapshot

Founded in April 2006 by Maty Siman, Checkmarx operates with over 900 employees. The company has raised $98.5 million across 3 funding rounds from 4 investors. Checkmarx was acquired by Hellman & Friedman in March 2020.

Business overview

Checkmarx provides application security solutions, focusing on static application security testing to analyze source code throughout the software development lifecycle. Its platform detects vulnerabilities at an early, pre-build stage, aiming to reduce risk and cost. The company's solutions are designed to balance security and development needs, ensuring application security in enterprise and cloud environments. Checkmarx operates within the Cyber Security sector, specifically in Application & Website Security, serving enterprises and software development teams.

Strategic signal

In September 2024, Checkmarx was reported to be on the market with a $2.5 billion price tag. This indicates significant market interest and potential for a major transaction, signaling to investors a strong valuation and a possible new phase of ownership or strategic direction for the company.

Company Intelligence Q&A

When was Checkmarx acquired and by whom?

Checkmarx was acquired by Hellman & Friedman in March 2020.

What was a key strategic acquisition made by Checkmarx?

In August 2021, Checkmarx acquired Dustico, a software supply chain security provider, to enhance its offerings.

What is the latest version of Checkmarx's AI-powered platform?

Checkmarx released Version 3.0 of its AI-Powered Checkmarx One™ Enterprise AppSec Platform in October 2023.

What significant leadership change occurred at Checkmarx in 2023?

In February 2023, Checkmarx appointed Sandeep Johri as CEO, with co-founder Emmanuel Benzaquen continuing to serve on the board of directors.

How has Checkmarx been recognized by Gartner?

Checkmarx was recognized as a leader in Static Application Security Testing (SAST) by an independent research firm in September 2023, and has been a leader in Gartner's Magic Quadrant for Application Security Testing in 2018, 2019, 2020, and 2022.